Rhumbline Advisers Purchases 493,504 Shares of Ur-Energy Inc. (NYSEAMERICAN:URG)

Rhumbline Advisers grew its position in shares of Ur-Energy Inc. (NYSEAMERICAN:URG) (TSE:URE) by 136.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 855,090 shares of the basic materials company’s stock after acquiring an additional 493,504 shares during the quarter. Rhumbline Advisers owned about 0.23% of Ur-Energy worth $983,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Geode Capital Management LLC boosted its position in shares of Ur-Energy by 21.8% during the third quarter. Geode Capital Management LLC now owns 3,886,655 shares of the basic materials company’s stock valued at $4,625,000 after buying an additional 695,487 shares during the period. Segra Capital Management LLC grew its position in Ur-Energy by 47.2% in the 3rd quarter. Segra Capital Management LLC now owns 20,945,798 shares of the basic materials company’s stock valued at $25,067,000 after acquiring an additional 6,718,094 shares during the last quarter. Fourth Sail Capital LP purchased a new stake in Ur-Energy in the third quarter worth $20,840,000. BNP Paribas Financial Markets lifted its position in shares of Ur-Energy by 62.9% during the third quarter. BNP Paribas Financial Markets now owns 158,693 shares of the basic materials company’s stock worth $189,000 after purchasing an additional 61,260 shares during the last quarter. Finally, Mirabella Financial Services LLP bought a new position in shares of Ur-Energy in the third quarter worth about $3,209,000. 57.51% of the stock is owned by hedge funds and other institutional investors.

Ur-Energy Price Performance

Shares of NYSEAMERICAN:URG opened at $0.86 on Friday. The stock has a 50 day moving average price of $1.08. Ur-Energy Inc. has a 1 year low of $0.81 and a 1 year high of $1.90. The firm has a market capitalization of $312.62 million, a price-to-earnings ratio of -6.60 and a beta of 1.10.

Analyst Upgrades and Downgrades

Separately, HC Wainwright restated a “buy” rating and issued a $2.70 price target on shares of Ur-Energy in a report on Tuesday, February 11th.

Ur-Energy Profile

Ur-Energy Inc engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 35,400 acres located in the Great Divide Basin, Wyoming.